. >> let's bring in robert reich, former labor secretary under president bill clinton, now a professor at public policy at uc berkeley, and author of "beyond outrage" now available in paperback. thtot.h, good to have you ba i want to play another piece from the same 1985 video where mitt rney offers three reasons bain and company decided to create bain capital. here it is. >> three reasons. we recognize that we have the potential to develop a significant and proprietary flow of business opportunities. secondly, we had concepts and experience which would allow us to identify potential value and hidden value in a particular investment candidate, anthird, ad cltg resources and management skills and management resources to become actively involved in the companies we invested in to help them realize their potential value. >> i tell you what, he has the corporate lingo down. weidhened t creating jobs and we never would under this economic model. do you believe we would? >> no, ed, in fact, creating jobs, ed, at best is a particularroduct maybe of a long-term strategy to build new products a